WIDRA: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
WIDRA
Largest movements
- Cash +€719,715
up €719,715 (+171.0%), from €420,933 to €1.1m
mainly Current investments (+€599,870) and Receivables within one year (+€253,564)
- Current investments -€599,870
down €599,870 (-93.7%), from €640,404 to €40,534
- Receivables within one year -€253,564
down €253,564 (-16.3%), from €1.6m to €1.3m
of which Trade receivables: -€334,280
- Tax, wage and social debts -€153,151
down €153,151 (-55.2%), from €277,264 to €124,113
of which Taxes: -€138,116
- Advances received +€78,023
up €78,023 (+113.2%), from €68,933 to €146,956
- Other debts -€50,357
down €50,357 (-10.0%), from €501,345 to €450,988
- Reserves +€41,950
up €41,950 (+3.4%), from €1.2m to €1.3m
of which Tax-exempt reserves: +€21,050
- Gross operating margin -€360,857
down €360,857 (-25.2%), from €1.4m to €1.1m
- Taxes -€77,845
down €77,845 (-75.1%), from €103,641 to €25,796
- Staff costs -€64,542
down €64,542 (-8.3%), from €777,081 to €712,539
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,218,557 | €3,107,319 | -€111,238 | -3.5% |
| Fixed assets | 21/28 | €224,603 | €249,385 | +€24,781 | +11.0% |
| Tangible fixed assets | 22/27 | €224,603 | €249,250 | +€24,646 | +11.0% |
| Land and buildings | 22 | €150,728 | €143,239 | -€7,489 | -5.0% |
| Furniture and vehicles | 24 | €73,876 | €106,011 | +€32,135 | +43.5% |
| Financial fixed assets | 28 | - | €135 | +€135 | |
| Current assets | 29/58 | €2,993,954 | €2,857,934 | -€136,020 | -4.5% |
| Stocks and contracts in progress | 3 | €368,822 | €367,529 | -€1,293 | -0.4% |
| Stocks | 30/36 | €368,822 | €367,529 | -€1,293 | -0.4% |
| Amounts receivable within one year | 40/41 | €1,552,130 | €1,298,567 | -€253,564 | -16.3% |
| Trade receivables | 40 | €1,500,782 | €1,166,502 | -€334,280 | -22.3% |
| Other amounts receivable | 41 | €51,348 | €132,065 | +€80,717 | +157.2% |
| Current investments | 50/53 | €640,404 | €40,534 | -€599,870 | -93.7% |
| Cash at bank and in hand | 54/58 | €420,933 | €1,140,648 | +€719,715 | +171.0% |
| Deferred charges and accrued income | 490/1 | €11,665 | €10,657 | -€1,008 | -8.6% |
| Total equity and liabilities | 10/49 | €3,218,557 | €3,107,319 | -€111,238 | -3.5% |
| Equity | 10/15 | €2,153,436 | €2,195,483 | +€42,046 | +2.0% |
| Contributions | 10/11 | €1,244,500 | €1,244,500 | = | 0.0% |
| Reserves | 13 | €1,223,599 | €1,265,549 | +€41,950 | +3.4% |
| Tax-exempt reserves | 132 | €134,720 | €155,770 | +€21,050 | +15.6% |
| Distributable reserves | 133 | €1,088,879 | €1,109,779 | +€20,900 | +1.9% |
| Profit (loss) carried forward | 14 | -€320,544 | -€320,447 | +€96 | 0.0% |
| Investment grants | 15 | €5,881 | €5,881 | = | 0.0% |
| Provisions and deferred taxes | 16 | €3,949 | €3,949 | = | 0.0% |
| Deferred taxes | 168 | €3,949 | €3,949 | = | 0.0% |
| Amounts payable | 17/49 | €1,061,173 | €907,888 | -€153,285 | -14.4% |
| Amounts payable within one year | 42/48 | €1,021,171 | €868,816 | -€152,355 | -14.9% |
| Trade debts | 44 | €173,628 | €146,758 | -€26,870 | -15.5% |
| Suppliers | 440/4 | €173,628 | €146,758 | -€26,870 | -15.5% |
| Advances received on contracts in progress | 46 | €68,933 | €146,956 | +€78,023 | +113.2% |
| Taxes, remuneration and social security | 45 | €277,264 | €124,113 | -€153,151 | -55.2% |
| Taxes | 450/3 | €175,137 | €37,022 | -€138,116 | -78.9% |
| Remuneration and social security | 454/9 | €102,127 | €87,092 | -€15,035 | -14.7% |
| Other amounts payable | 47/48 | €501,345 | €450,988 | -€50,357 | -10.0% |
| Accrued charges and deferred income | 492/3 | €40,001 | €39,071 | -€930 | -2.3% |
| Non-recurring operating income | 76A | €6,652 | €19,851 | +€13,199 | +198.4% |
| Remuneration, social security and pensions | 62 | €777,081 | €712,539 | -€64,542 | -8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,942 | €39,628 | -€313 | -0.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,330 | €3,664 | -€2,666 | -42.1% |
| Other operating charges | 640/8 | €55,231 | €53,840 | -€1,391 | -2.5% |
| Gross operating margin | 9900 | €1,429,911 | €1,069,054 | -€360,857 | -25.2% |
| Operating profit (loss) | 9901 | €551,327 | €259,382 | -€291,944 | -53.0% |
| Financial income | 75/76B | €12,750 | €6,910 | -€5,840 | -45.8% |
| Recurring financial income | 75 | €12,750 | €6,910 | -€5,840 | -45.8% |
| Financial charges | 65/66B | €13,154 | €18,450 | +€5,296 | +40.3% |
| Recurring financial charges | 65 | €13,154 | €18,450 | +€5,296 | +40.3% |
| Profit (loss) for the period before taxes | 9903 | €550,923 | €247,842 | -€303,081 | -55.0% |
| Income taxes | 67/77 | €103,641 | €25,796 | -€77,845 | -75.1% |
| Profit (loss) for the period | 9904 | €447,282 | €222,046 | -€225,235 | -50.4% |
| Transfer from tax-exempt reserves | 789 | €42,100 | €42,100 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €42,100 | €63,150 | +€21,050 | +50.0% |
| Profit (loss) for the period to be appropriated | 9905 | €447,282 | €200,996 | -€246,285 | -55.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.